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For immediate release
July 6 f 1967
The seasonally adjusted money supply continued to expand rapidly in June,
averaging $1.9 billion higher than in May. Total time and savings deposits also
continued to expand at a somewhat faster rate in June than in other recent months

MOI.EY SUPPLY AND TIME DEPOSITS
{Averages of daily figures, in billions of dollars)
Seasonally adjusted

1

Period

1966— May
June
July
August
September
October
November
December
1967—January
February
March
Apr i l
May
Jun e p
Week e n d !2£:
1967—May 3
10
17
1
24
31

Money Supply

i

1

!

i
,

170.2
171.1
169.6
1*9.6
170.5
169.6
169.2
170.3

|

component

37.3
37.4
37.7
37.8

1

37.9

j

38.0
38.0
38.3

132.9
133 7
131.9
131.8
132.6
131.7
131.2
132.1

38.5
38.7
38.9
39.0
39.2
39.3

131.1
131.7
133.9
133.1
134.9
136.6

169.6
170.4
172.8
172.1
174.1
176.0
172 .2
172 .6
174.7
174.7
175 . 0

Demand d e p o s i t

Currency
Component

Tota 1

|
1
1

39.1
39.2
39.1
39.2
39.2

j'

,

133.2
133.4
135.6
135.5
135.8

1 Time d e p o s i t s
adjusted
( A l l commercial
banks )
|

|

153.0
153.7*
155.3
156 .6
157.1
156.8
156.8
158.0
160.5
163.2
165.3
167.3
169.3
171.7
168.0
168.6
169 2
169.6
170.2

170.9
136.3
136.3
j
171.7
136.8
171.9
136.6
172 1
28 p
]:
i76.o
136.5
171.6
175.9
|
Average of l a s t 4 weeks ?
39-*
1
NOTE: Components may not add due to rounding . See reverse side for data without
seasonal adjustments and for description of series.
* - Break in series, for description see footnote on reverse side,
p - Preliminary.
June 7
14 p
21 p




175.5
175.7
176 .2

39.3
39.4
39.4
39.4

|
j

DEMAND DEPOSITS, CURRENCY, AND RELATED ITEMS
(Averages of daily figures., in billions of dollars.

Not seasonally adjusted.)

1

Money S u p p l y
Period
Tntal
l U L a
196 6—May
Time
July
August
September
October
November
December

1
1

1967—January
February
March
April
May
* June p
W e e k ending*&>
1967—M^y
3
10
17
24
31

1
J-

166.9
168.8
167.9
lo6.9
169 4
170 1
171.0
175.2

C u r r e n c y j Demand d e p o s i t
component
component
37.0
37.3
37.8

1

37.9
37.9
38.1
38.5
39.1

174.6
173.0
171,3
173.1
170.5
173.8

1

38 4
38.3
3&*5
38.6
38.9
39.2

129.9
131.5
130 1
129 1
131 5
132 1
132.5
136 2
136.2
131 7
132.8
134 5
131.7
134.6

Related d e p o s i t s
( A l l commercial banks)
Time
1 U . S . Gov' t
adlusted
1
demand
7.2
6.3
8.2
5.2
4.4
4.8
3.7

153.9
154.1*
155.8
157.0
156.9
156.6
155.6
156,3

j
i
j

1

1

160.0
163.3
166.1
168.1
170.2
172.4

1

3.5

42

'

5.1

4.9
4.8
6.6
4.0

J

|
i
1

Jyne 7
14 p
21 p
28 p

172 1
170.8
171.2
168 8 1
170.-

38.5
39.1
38.9
38.8
38.8

133.6
131.7
132.3
130.0
131.7

172.7 I
174.2
175.9 j
172.5 1

39.3
39.4
39.3
39.1

133.4
134.8
136.6
133.5

j

168.8
169.5
170.1
170.6
171.2
171.7
172.4
172.4
172.6

1

6.7
7.9
6.7
6.6
5.0
3.4
2.3
4.8
5.2

s
•

• • • — - ^ '

'

-

•

. . — i

^Effective June 9, 1966, balances accumulated for payment of personal loans were
reclassified for reserve purposes and are excluded from time deposits reported by
member banks. The estimated amount of such deposits at all commercial banks ($1,140
million) is excluded from time deposits adjusted thereafter.
p - Preliminary
NOTE:' Money supply consists of (1) demand deposits at all commercial banks, other
than those due to domestic commercial banks and the U S Government, less cash items
in process of collection and Federal Reserve float; (2) foreign demand balances at
Federal Reserve Banks, and (3) currency outside the Treasury, the Federal Reserve and
the vaults of all commercial banks
Time deposits adjusted ^are time deposits at «11
commercial banks other than those due to domestic commercial banks and the U.S,
Government